News & Features

October 12, 2018

As published on PhilippineStar

MANILA, Philippines — MRC Allied has appointed investment banker Augusto Cosio Jr. as president and CEO of the company, replacing Gladys Nalda who will be in charge of its renewable arm.

MRC named Nalda as president and CEO of Menlo Renewable Energy Corp. (MREN).

Cosio’s appointment shall take effect on Oct. 16, the company sai...

February 12, 2018

As published on PhilStar

MANILA, Philippines — In the Philippines, it’s not easy to just enter any industry. The energy sector, for instance, is one that is highly technical and complex that those wanting to enter it need to be knowledgeable enough to navigate through the maze-like business landscape.

Listed company MRC Allied, however, although still a new...

October 9, 2017

As published on PhilStar

MANILA, Philippines — MRC Allied Inc. sealed its acquisition of a 15 percent stake in Sulu Electric Power and Light Philippines Inc. (Sepalco).

The move is in line with its “buy and build” strategy to become a major renewable energy player in the country.

MRC president Gladys Nalda said Sepalco still had room to expand its capacity t...

September 21, 2017

As published on PhilStar

MANILA, Philippines —  MRC Allied Inc., which is diversifying into the power sector, has acquired a 15 percent stake in a solar power project in Palo, Leyte.

During the company’s special stockholders’ meeting yesterday, MRC Allied president Gladys Nalda announced the company’s acquisition of a 15 percent stake in Sulu Electric Power...

August 7, 2017

As publish on Philstar

MANILA, Philippines -  MRC Allied Inc, the listed company that is now diversifying into energy, is looking at the possibility of expanding into the LNG sector, its top official said.

“Next year, we would like to go into LNG,” said MRC president and CEO Gladys Nalda.

LNG is natural gas that has been converted into liquid for ease of sto...

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